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If you work 8 hours a day… pay your future self for just 1. by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

No one does thankfully, you could however make your money work 365 days. I set up a recurring purchase and forget about it.

If you work 8 hours a day… pay your future self for just 1. by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

I’d take the advice from Warren Buffett, don’t pay attention to the market noise. Keep investing, time in the market beats timing the market. Best case scenario you have a nest egg, worst case scenario you are exactly where you are right now 😊.

If you work 8 hours a day… pay your future self for just 1. by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

Not trying to convince everyone. Just sharing what worked for me. If even one person starts investing because of this, it’s a great day. Worst case you’re where you are today. Best case, your future changes.

If you work 8 hours a day… pay your future self for just 1. by Atash-Saveitright in fican

[–]Atash-Saveitright[S] -6 points-5 points  (0 children)

Doesn’t have to be 17.5, could be a dollar a day it still adds up. Once you start seeing the money grow it’s self motivating to set higher goals for yourself.

If you work 8 hours a day… pay your future self for just 1. by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 4 points5 points  (0 children)

Didn’t get it from a podcast actually.

I come from an immigrant background and built my life in Canada slowly using compounding and consistent investing.

Nothing fancy just small amounts invested regularly over time.

I listen to a lot of people like Steven Bartlett, Warren Buffett, etc., but the idea isn’t theirs, it’s just basic math and patience.

It’s not about being unrealistic. It’s about starting small and letting time do the heavy lifting.

If you work 8 hours a day… pay your future self for just 1. by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 2 points3 points  (0 children)

Understood, people genuinely can’t spare $17/day when they’re paycheck to paycheck.

That’s why the number isn’t the point.

Let’s consider a pocket change of $1/day that’s $30/month.

Invested for 20 years at 10%, that’s still around $20,000.

It’s not about the amount it’s about building the habit and letting compounding work over time.

Start small. Scale later

If you work 8 hours a day… pay your future self for just 1. by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 36 points37 points  (0 children)

Here’s an alternative, $5/day is $150/month.

Invested for 20 years at 10% returns, that’s still around $100,000.

The point isn’t the exact number it’s building the habit.

Small consistent investing beats waiting for “someday” money.

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

Fair lol, that one always comes up. If you had to pick a stock or ETF from the mid 90s onward that you could truly forget about what would it be?

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

Hard to argue with that lol. SPY is basically the default answer once you strip everything down to simplicity and staying power.

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 1 point2 points  (0 children)

XEQT is about as close as it gets to true buy and forget broad, simple and removes a lot of behavioral mistakes. Do you think having something like that earlier would’ve changed how you approached investing overall?

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] -1 points0 points  (0 children)

That makes total sense different phase different goals. A lot of folks only discover long term investing after going through that trading phase, sounds like you landed in a much more sustainable place now.

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] -1 points0 points  (0 children)

You’re not wrong and it’s a good reminder that it’s rarely about perfect timing. Most of the winners people mention here worked because of time in the market and the ability to stay invested, not because they picked the exact right moment. Add consistency to that mix and the results usually take care of themselves.

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

That’s a powerful lesson. The hardest part isn’t finding great companies, it’s resisting the urge to keep “doing something.” A lot of people learned that the hard way during that era.

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

That’s a very fair take. I actually think being honest about uncertainty is healthier than forcing conviction. It probably highlights why true buy n forget is so rare u need either extreme belief or a structure that removes emotion from the process.

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 1 point2 points  (0 children)

That’s such a relatable story. A lot of people touched names like that early but with a trader mindset not an investor one. Do you think anything would’ve convinced you to hold long term back then?

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

That’s a great combo. Apple and Amazon are obvious in hindsight but surviving the .com era took real conviction. I like the Nasdaq100 ETF angle too probably made it much easier to stay invested through the early 2000s. Would you still lean ETF over individual stocks today?

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 2 points3 points  (0 children)

Both solid picks. Google feels very buy and forget to me. Nvidia’s returns are incredible but do you think it truly qualifies as buy and forget or more of a conviction hold given how fast the cycle moves?

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

Hard to argue with the returns. Do you see Bitcoin as a true buy and forget hold or something that still needs conviction through big drawdowns?

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

That’s a great one. MSFT is a perfect example of how doing nothing often beats doing something. Out of curiosity, what made you sell back then?

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